Credit Services provided to Small and Medium Enterprises (SMEs) Sector

The Small and Medium Enterprises (SMEs) sector is considered a key component of the national economy and a major driver of Saudi Arabia’s ambitious scheme represented in Vision 2030 with an overriding goal to increase the contributions of the Small and Medium Enterprises (SMEs) in the Gross Domestic Product – GDP.

Due to its advanced position on the map of banking and financial industry in the Kingdom of Saudi Arabia, Samba provides substantive consideration to Small and Medium Enterprises (SMEs) sector as all banking needs are provided to this sector; Samba has collaborated with Kafalah Financing Program to fund Small and Medium Enterprises (SMEs), not limited to start-up businesses, emerging businesses and SME sector in Saudi Arabia by providing the financing and advisory solutions that enable these enterprises to develop their performance, stimulate growth rates and its competitive ability.

Recently, Samba Financial Group provided an integrated and sophisticated development programme that includes all banking products to meet the requirements of the Small and Medium Enterprises (SMEs) to cope with Saudi Arabia’s economic perspective.